What is Silvergate capital stock?

Now coming back to our main story, the Silvergate Capital stock. The company began serving digital currency providers in 2013 and has been gradually improving its market share by leveraging its technology platform and expertise to develop solutions for several large U.S. digital currency exchanges and investors globally.

Is Si (Silvergate) a bearish stock?

As of Sep 30, 2022, SI had more than 1,670 digital asset customers and $12 billion as digital asset customer deposits. The company has its own Silvergate Exchange Network, with FTX as one of its customers. So obviously, investors turned bearish on the stock as the above-mentioned events took place over the past few days.

Will Silvergate Bank liquidate itself?

The U.S. Federal Reserve announced Thursday it was ordering Silvergate Bank to implement its previously announced plan to liquidate itself in a way that protects depositors and preserves its funds. Get a real-time Silvergate Capital Corp (SICP) stock price quote with breaking news, financials, statistics, charts and more.

What is the Silvergate exchange network?

Our real-time payments platform, known as the Silvergate Exchange Network, is at the heart of our customer-centric suite of payments, lending and funding solutions serving an expanding class of digital currency companies and investors around the world.